Article Text
Seeks Bank Receiver Luther F. Symons, state banking commissioner, and Bert Walker, deputy attorney general, went to Covington Monday to see to the appointment of receiver for the Citizens State bank, closed nearly a year ago.
5549. Citizens State Bank (Covington, IN)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- May 1, 1930*
- Location
- Covington, Indiana (40.142, -87.395)
Metadata
- Model
- gpt-5-mini
- Short Digest
2e25a022
Response Measures
None
Description
Article (Apr 28, 1931) states the Citizens State Bank of Covington was closed nearly a year ago and state officials went to appoint a receiver. No run is mentioned. Closure appears permanent with receivership action underway; exact closure date not given (approx May 1930).
Events (2)
1.
May 1, 1930*
Suspension
- Cause Details
- Bank was closed nearly a year before April 28, 1931; article does not specify the reason for the suspension.
- Newspaper Excerpt
- went to Covington Monday to see to the appointment of receiver for the Citizens State bank, closed nearly a year ago.
- Source
- newspapers
2.
April 28, 1931
Receivership
- Newspaper Excerpt
- Luther F. Symons, state banking commissioner, and Bert Walker, deputy attorney general, went to Covington Monday to see to the appointment of receiver for the Citizens State bank, closed nearly a year ago.
- Source
- newspapers
Newspaper Articles (1)
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